India is no longer an emerging market – it has emerged

India is the world's most populous democracy, third-largest economy by purchasing power parity and fourth-largest equity market, re-establishing its status as a global economic force. So, what does this mean for investors? India is the busiest initial public offering market in the world with 6,000 listed companies and approximately 2,000 with a market capitalisation in excess of $100 million. “This translates to a broad and deep investment opportunity set, which, we believe allows for active managers to outperform due to the dispersion within these companies,” says Vikas Pershad, India...